Voice-Soft Inc. wants to calculate its weighted average cost of capital (WACC). The company's CFO has collected the following information: The company's long-term bonds currently offer a yield to maturity of 8 percent. The company's stock price is $32 per share (Po = $32). The company recently paid a dividend of $2 per share (Do $2.00) The dividend is expected to grow at a constant rate of 6 percent a year (8-6%). The company pays a 10 percent flotation cost whenever it issues new common stock (F = 10%) The company's target capital structure is 75 percent equity and 25 percent debt. The company's tax rate is 40 percent. The company anticipates issuing new common stock during the upcoming year. What is the company's WACC